2694 James M Wood Blvd - Apartments FOR SALE
Los Angeles, CA 90006 |
2694 James M Wood Blvd
Los Angeles, CA 90006
HIGHLIGHTS
- 3rd Price Reduction! 8-Unit Building Cash Flowing at a 6.3% Cap Rate from Day 1 with Upside to an 8% Cap on Proforma!
- Approved RTI Plans to Add 8 Detached ADUs in the Back to Achieve an Incredible 11.9% Current Cap Rate, 13.2% Proforma Cap, $158k/Unit After All Costs
- Prime Koreatown Location Minutes from the Wilshire/Vermont Metro Station, The Line Hotel, and Quarters KBBQ
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
8 Unit + 8 RTI ADUs: 6.3% Cap w upside 13.2%
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
4399
STORIES
2
YEAR BUILT
1906
PARKING SPACES
9
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5077-028-002
